Disaster Financialization: (Record no. 13621)

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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Billon, Philippe Le
245 ## - TITLE STATEMENT
Title Disaster Financialization:
Sub Title Earthquakes, Cashflows and Shifting Household Economies in Nepal /
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc John Wiley,
Date of publication, distribution, etc 2020.
300 ## - PHYSICAL DESCRIPTION
Pages Vol. 51, issue 4, 2020 : (939-969 p.).
520 ## - SUMMARY, ETC.
Summary, etc The political economy literature on post-disaster reconstruction tends to contrast ‘disaster capitalism’ narratives denouncing the predatory character of neoliberal rebuilding, and ‘building back better’ policies supporting market-driven reconstruction. This article seeks to provide a more nuanced account, developing the concept of ‘disaster financialization’ through a case study of household-level changes experienced through processes of post-earthquake reconstruction in Nepal. The concept of disaster financialization describes not only the integration of disaster-affected households into the cash-based logic of reconstruction instituted by donors and government authorities, but also the financialization of their lives, social relations and subjectivities. It is a transitive process involving a shift into financialized mechanisms of disaster prevention, adaptation and recovery. Analysing contrasting experiences across three earthquake-affected districts in Nepal, this study proposes disaster financialization as an integrative term through which to understand the simultaneous acceleration of monetization, the leveraging of cash incentives by donors and government to ‘build back better’, and the flurry of financial transactions associated with reconstruction processes. While some aspects of disaster financialization have had negative social impacts, such as debt-related anxieties and a breakdown of voluntary labour exchanges hurting the most vulnerable, the process has taken on variegated forms, with equally variegated effects, reflecting household characteristics and interactions with financial institutions.
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Added Entry Personal Name Suji, Manoj
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Added Entry Personal Name Baniya, Jeevan
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Added Entry Personal Name Limbu, Bina
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Added Entry Personal Name Paudel, Dinesh
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Added Entry Personal Name Rankin, Katharine
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Added Entry Personal Name Rawal, Nabin
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Added Entry Personal Name Shneiderman, Sara
773 0# - HOST ITEM ENTRY
Host Biblionumber 8737
Host Itemnumber 16865
Place, publisher, and date of publication West Sussex John Wiley & Sons Ltd. 1970
Title Development and change
International Standard Serial Number 0012-155X
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Uniform Resource Identifier https://doi.org/10.1111/dech.12603
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Koha item type Articles
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